Insights

Wednesday has started bullish for the market; however, bears have seized the initiative, according to CoinStats. Advertisement Top coins by CoinStatsTON/USDThe price of Toncoin (TON ) has fallen by 2.01% over the last 24 hours.Image by TradingViewOn the hourly chart, the rate of TON is breaking the local support of $3.585. If the daily bar closes below that mark, one can expect a test of the $3.50 zone soon .Image by TradingViewOn the bigger time frame, the picture is also bearish. Traders should focus on the support level of $3.523.  Related Wed, 03/26/2025 - 14:16 Solana (SOL ) Price Prediction for March 26 Denys Serhiichuk If the candle closes below that mark, the accumulated energy might be enough for a test of the $3.20-$3.30 zone.Image by TradingViewFrom the midterm point of view, the price of TON is falling after a false breakout of the resistance of $3.903. If the situation does not change, traders may witness a test of the $3 zone soon.TON is trading at $3.549 at press time. $TON